DIIT-CTG,COST ACCOUNTING

DIIT-CTG,COST ACCOUNTING

This course is conducted by
SUJAN SARKER
Lecturer of Department of BBA,
Daffodil Institute of IT (DIIT), Chattogram.
E-mail: sujan.sarker@diit.info

Objective:
The aim of the course is to equip students with skills and knowledge to:
Identify and calculate different types of costs (direct, indirect, variable, and fixed costs).
Distinguish between job-costing, process-costing, and joint-costing systems.
Determine the product cost by means of full- costing and direct-costing methods.
Determine the product cost by means of historical (actual) and standard cost systems.

Course Description:
Cost accounting provides key data to managers for planning and controlling, as well as data on costing products, services, and customers. By focusing on basic concepts, analyses, uses, and procedures instead of procedures alone, we recognize cost accounting as a managerial tool.

Learning outcomes:
On successful completion of this course, student should be able to:
Express the place and role of cost accounting in the modern economic environment,
2.Select the costs according to their impact on business,
3.Differentiate methods of schedule costs per unit of production,
4.Differentiate methods of calculating stock consumption,
5.Interpret the impact of the selected costs method,
6.Identify the specifics of different costing methods,